Friday, March 18, 2011

And again the rest (frustrating)

  1. List four barriers to the adoption of sell-side eCommerce.
    1. Technological Barriers
      1. eCommerce takes a certain amount of IT work to create and maintain an electronic transactional business. And some business may not be equipped or have access to the resources needed.
    2. Initial Cost
      1. The cost of buying a domain name, acquiring the proper technology required, hiring a computer guru, and establishing you eBusiness can create quite a barrier for businesses.
    3. Lack of knowledge or Fear of the internet
      1. many business may be reluctant to start an Ebusiness because they just don’t know what they are getting into
    4. May not be aware of the Potential
      1. Business owners may not know what awaits them and their business on the world wide web.
  2. How might a restaurant on Sturt Street benefit from an online presence?
    1. Through advertising on popular ballarat webpages they might increase their clientele.
    2. They might offer incentives and deals through social networking sites to target a different demographic of the community.
    3. They might provide a orderig online option to increase productivity and queue times.
  3. What are some examples of Digital information?
    1. Binary information stored on a hard drive, operating system to run an iPhone, a saved word document, photos on a digital camera.
  4. What is the semantic web? Are we there yet?
    1. The semantic web is a form of the internet that is fully understood by machines. Machines would be able to find, do, interact, and process the web the way humans do. We do not yet have the capability of the semantic web and frankly the idea kinda frightens me.

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